Five Things You Should Know about Ethiopia’s Budget Bill before Parliament

Federal subsidies to regional states (76.8b Br) is the budget line that sees the highest annual growth (49pc).

With 12b Br allotment, this year’s bill has the first budget with SDGs as a budget line

This is the fourth time that the consolidated budget deficit goes upwards of the three per cent ceiling EU's Stability & Growth Pact agreed and taken as a standard across the world;

No budget has ever seen a consolidated budgets deficit (52.1b Br) equivalent to this year’s;

It is the first in a decade to have a year-on-year increase of 25pc

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It is the first in a decade to have a year-on-year increase of 25pc;
No budget has ever seen a consolidated budgets deficit (52.1b Br) equivalent to this year’s;
This is the fourth time that the consolidated budget deficit goes upwards of the three per cent ceiling EU’s Stability & Growth Pact agreed and taken as a standard across the world;
With 12b Br allotment, this year’s bill has the first budget with SDGs as a budget line; and,
Federal subsidies to regional states (76.8b Br) is the budget line that sees the highest annual growth (49pc).

Published on Jun 17,2015 [ Vol 16 ,No 789]